11449 Memphis DrCokerAL35452
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Coker at 11449 Memphis Dr, Coker, AL, 35452 uses $94,478 cash to close to unlock $2,139/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,787/mo, and a $1,395/mo payment keeps the spread at $178/mo. Purchase price stands at $285,000, and rental yield measures 7.52% with $1,787/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 114.31% and total cumulative return in cash records $107,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,787/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35452, Coker, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,986 (100%) |
| Owner Occupied HU | 1,552 (78.1%) |
| Renter Occupied HU | 328 (16.5%) |
| Vacant Housing Units | 106 ( 5.3%) |
| Median Home Value | $282,889 |
| Average Home Value | $283,384 |
Housing Distribution
Address Breakdown
Residential
1,610
Single Family
1,610
Multi-Family
0
Businesses
39
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